World News | India Signs Pact to Undertake Five Projects in Nepal Under Rs 390 Mn Grant Assistance
Get latest articles and stories on World at LatestLY. India and Nepal on Monday signed an agreement to implement five "high-impact" development projects related to education and health in the Himalayan nation under an Indian grant assistance of NRs 390 million, according to an official statement.
Kathmandu, Jul 21 (PTI) India and Nepal on Monday signed an agreement to implement five "high-impact" development projects related to education and health in the Himalayan nation under an Indian grant assistance of NRs 390 million, according to an official statement.
The Embassy of India and Nepal's Ministry of Federal Affairs and General Administration and Project Implementing Agencies signed Memorandums of Understanding, the Indian mission here said in a statement.
The five "High Impact Community Development Projects" include the construction of various school buildings in the Madhesh and Sudurpashchim provinces. It also includes the construction of a five-bed hospital building in the Gandaki province, the press release said.
The construction of these facilities will help provide better education and health facilities to the people in Nepal, it said.
“As close neighbours, India and Nepal share wide-ranging and multi-sectoral cooperation," said the statement, adding that the projects' implementation reflects the "continued support" of the Indian government in bolstering the Nepal government's efforts in "empowerment of its people by augmenting infrastructure in priority sectors.”
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)